Author: News Room

Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption. In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol. “We’re excited to introduce sPENDLE, the next evolution of Pendle tokenomics. This upgrade is designed to address critical limitations of the vePENDLE system, while unlocking new opportunities for PENDLE holders and the protocol,” Pendle said. sPENDLE is a liquid fee and governance token with a 14-day withdrawal period,…

Brooklyn Beckham’s ongoing feud with his parents, David and Victoria Beckham, has made headlines for years. Brooklyn married his wife, Nicola Peltz Beckham, in April 2022. Rumors soon began to circulate that Nicola and Brooklyn’s mother had a falling out over a wedding gown — an allegation Brooklyn tried to stymy. “They’re always going to try and put people down,” he told Variety in August of the same year, in an attempt to end the feud rumors. “But everyone gets along, which is good.” However, Brooklyn later claimed that there was some family drama surrounding his wedding in a scathing…

Nigeria’s National Security Adviser, Nuhu Ribadu, has reacted to an online publication that falsely reported the death of his mother, describing the claim as inaccurate and misleading. In a statement posted on his verified X (formerly Twitter) and Facebook accounts early Tuesday, Mr Ribadu said he had been inundated with calls and messages from friends and associates following the report, which claimed that his mother died on Monday, 19 January 2026. While expressing appreciation to those who reached out to commiserate with him, Mr Ribadu clarified that the report was entirely false. “It is important to set the record straight.…

Lere Olayinka, the Senior Special Assistant on Public Communications and Social Media to the Minister of the Federal Capital Territory, FCT, Nyesom Wike, has disclosed that nobody in the FCT Administration is being owed salary. Olayinka disclosed this while reacting to the talks about non-payment of the outstanding 5-month wage award. Featuring on Arise News Night Insight, Olayinka reaffirmed his earlier stance that the payment for FCTA workers has started. He said: “Nobody in the FCT is owed salary, I have also received my December salary. Let’s not confuse the people, the issue you are talking about is about casual…

Nigerian troops under Operation Hadin Kai have uncovered an underground Boko Haram logistics base containing fuel, medical items and other supplies in Borno State. The discovery was made after soldiers carried out intelligence-led attacks on terrorist hideouts in the Timbuktu Triangle area, covering Chilaria, Garin Faruk and Abirma communities. The operation took place on Sunday. The Media Information Officer of the Joint Task Force, Operation Hadin Kai, Lt. Col. Uba Sani, confirmed the development in a statement released on Monday. According to him, the operation was part of Operation Desert Sanity and led to the destruction of several terrorist camps…

Arsenal manager, Mikel Arteta, has revealed the three players that will not be fit to face Inter Milan in the Champions League on Tuesday night. The trio of Piero Hincapie, Riccardo Calafiori and Max Dowman did not make the trip to Italy. Arteta, however, confirmed that Kai Havertz and Christhian Mosquera were fit and available. When asked whether he had more fitness updates to provide, Arteta replied: “No, that’s all.” Last season, Inter ended Arsenal’s unbeaten run in the Champions League, thanks to Hakan Calhanoglu’s penalty.

The upgrade of the Moshood Abiola National Stadium, Abuja, is expected to gulp the sum of N24,642,000,000 from the N203,602,968,852 budget allocated to the National Sports Commission in the 2026 appropriation bill, The PUNCH reports. President Bola Tinubu had presented a N58.18 trillion “Budget of Restoration” to a joint session of the National Assembly last year, and Nigeria’s sports budget for 2026 has witnessed a 300 per cent increase from the N78bn allocated in 2025, as the commission targets several projects as well as major competitions. Chairman of the NSC, Shehu Dikko, had targeted the end of 2025 to commence…

Operatives of the Enugu State Police Command have foiled a kidnapping attempt along the Adani–Nsukka Road, killing one armed suspect and recovering an AK-47 rifle after a fierce early-morning gun battle with suspected kidnappers. The confrontation, our correspondent gathered, occurred around 6:00 a.m. on Sunday, January 18, at the Ngene-Ukwu axis of the highway, when officers from the Adani Division, working with members of the Neighbourhood Watch Group, intercepted the suspects as they allegedly emerged from a nearby bush to abduct occupants of a passing vehicle. Confirming the incident on Monday, the Command’s spokesperson, SP Daniel Ndukwe, said, “During the…

In Nigeria, an estimated 75,000 women die every year from causes related to pregnancy and childbirth. This translates to about 206 women every day and one woman every seven minutes. In other words, the country loses the equivalent of an entire town of women to pregnancy-related deaths. Yet, these losses do not register as a national catastrophe and remain invisible, except as personal tragedies and anecdotes. Why have these deaths remained invisible in national and public discourse despite the sheer magnitude of the numbers? The answer lies not only in contemporary governance failures or weak health systems but in a…

Banks operating in Nigeria have reported a broad rise in loan defaults across households and businesses, showing growing stress in the credit market despite improved loan supply and rising demand. According to the Central Bank of Nigeria’s Credit Conditions Survey for the fourth quarter of 2025, lenders recorded higher default rates on secured, unsecured, and all categories of corporate lending during the period under review. The findings point to worsening repayment capacity among borrowers as high interest rates, weak consumer incomes, and elevated operating costs continue to weigh on economic activity. “Lenders reported higher default rates for Secured, Unsecured, and…